Savers Value Village (NYSE:SVV) Insider Melinda L. Geisser Sells 14,000 Shares

Key Points

• Insider Melinda Geisser sold 14,000 shares of Savers Value Village, valued at $174,720, at an average price of $12.48 on September 2nd.
• Savers Value Village reported a net margin of 2.14% and a 7.9% year-over-year revenue increase, achieving $417.21 million for the quarter ended July 31st.
• Institutional investors own 98.78% of Savers Value Village, with significant recent increases in holdings from several firms including Federated Hermes Inc., which raised its stake by 671.3% during the first quarter.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) insider Melinda L. Geisser sold 14,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $12.48, for a total transaction of $174,720.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Melinda L. Geisser also recently made the following trade(s):

• On Monday, August 4th, Melinda L. Geisser sold 7,824 shares of Savers Value Village stock. The shares were sold at an average price of $11.48, for a total transaction of $89,819.52.
• On Thursday, July 3rd, Melinda L. Geisser sold 48,000 shares of Savers Value Village stock. The shares were sold at an average price of $10.80, for a total transaction of $518,400.00.

Savers Value Village Price Performance

Savers Value Village stock traded down $0.18 during trading on Friday, reaching $12.56. The company had a trading volume of 1,678,023 shares, compared to its average volume of 1,134,631. The firm's 50-day simple moving average is $11.00 and its 200 day simple moving average is $9.69. Savers Value Village, Inc. has a 1-year low of $6.48 and a 1-year high of $13.03. The firm has a market capitalization of $1.95 billion, a PE ratio of 59.80 and a beta of 1.02. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.69.

Savers Value Village (NYSE:SVV - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. Savers Value Village had a net margin of 2.14% and a return on equity of 8.85%. The firm had revenue of $417.21 million for the quarter, compared to analysts' expectations of $405.75 million. During the same quarter last year, the company earned $0.14 EPS. The firm's revenue for the quarter was up 7.9% compared to the same quarter last year. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. As a group, equities research analysts anticipate that Savers Value Village, Inc. will post 0.28 earnings per share for the current fiscal year.

Institutional Trading of Savers Value Village

Several institutional investors and hedge funds have recently bought and sold shares of SVV. Baillie Gifford & Co. raised its holdings in Savers Value Village by 76.4% in the 1st quarter. Baillie Gifford & Co. now owns 6,509,978 shares of the company's stock valued at $44,919,000 after buying an additional 2,820,500 shares during the period. Divisadero Street Capital Management LP acquired a new position in shares of Savers Value Village during the second quarter worth about $16,038,000. T. Rowe Price Investment Management Inc. boosted its holdings in Savers Value Village by 19.6% in the first quarter. T. Rowe Price Investment Management Inc. now owns 7,137,153 shares of the company's stock valued at $49,247,000 after purchasing an additional 1,167,253 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in Savers Value Village in the fourth quarter valued at approximately $11,324,000. Finally, Marshall Wace LLP boosted its holdings in Savers Value Village by 97.8% in the second quarter. Marshall Wace LLP now owns 1,832,697 shares of the company's stock valued at $18,694,000 after purchasing an additional 905,986 shares in the last quarter. 98.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on SVV. Piper Sandler lifted their target price on shares of Savers Value Village from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Friday, August 1st. Wall Street Zen raised shares of Savers Value Village from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. JPMorgan Chase & Co. lifted their target price on shares of Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Northland Securities initiated coverage on shares of Savers Value Village in a research note on Tuesday, June 10th. They set an "outperform" rating and a $15.00 target price on the stock. Finally, Northland Capmk upgraded Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $12.20.

About Savers Value Village

Savers Value Village, Inc sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands. The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners and then processes, selects, prices, merchandises, and sells them in its stores.